ELECTRIC MORS A/S — Credit Rating and Financial Key Figures

CVR number: 15135182
Fruevej 80 A, 7900 Nykøbing M
jp@electricmors.dk
tel: 97725200

Credit rating

Company information

Official name
ELECTRIC MORS A/S
Personnel
6 persons
Established
1991
Company form
Limited company
Industry

About ELECTRIC MORS A/S

ELECTRIC MORS A/S (CVR number: 15135182) is a company from MORSØ. The company recorded a gross profit of 3039.6 kDKK in 2024. The operating profit was 138.4 kDKK, while net earnings were 90.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ELECTRIC MORS A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 705.862 685.422 901.863 013.823 039.59
EBIT145.80217.13341.75156.08138.37
Net earnings98.03154.81257.02116.6490.23
Shareholders equity total1 801.821 856.632 013.651 930.291 920.52
Balance sheet total (assets)3 659.553 610.923 702.903 657.953 275.64
Net debt176.30422.52444.92-10.43-47.40
Profitability
EBIT-%
ROA4.2 %6.0 %9.4 %4.3 %4.0 %
ROE5.6 %8.5 %13.3 %5.9 %4.7 %
ROI6.0 %8.8 %13.4 %6.2 %5.6 %
Economic value added (EVA)17.9575.91162.578.7420.62
Solvency
Equity ratio49.2 %51.4 %54.4 %52.8 %58.6 %
Gearing28.9 %29.5 %23.3 %20.7 %23.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.11.11.0
Current ratio1.71.71.81.71.8
Cash and cash equivalents344.99125.3424.99409.82488.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:3.99%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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